Shriram Pistons & Rings Limited has informed the Exchange regarding Certificate of payment of Interest to Non-Convertible Debenture holders pursuant to Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Shriram Pistons & Rings Limited has informed the exchanges that it has made timely interest payments to holders of its listed Non-Convertible Debentures (NCDs). The company paid ₹3.60 crore as gross interest on Series 1 NCDs (ISIN INE526E07015, issue size ₹500 crore) and ₹3.62 crore on Series 2 NCDs (ISIN INE526E07023, issue size ₹500 crore). Both payments were made on March 30, 2026, one day ahead of the scheduled due date of March 31, 2026, with a quarterly payment frequency. This is the first interest cycle for both series, as the date of last interest payment is shown as NA, putting total quarterly interest outflow at around ₹7.22 crore (gross, before TDS).
This is a routine debt-servicing disclosure confirming that the company is honouring its obligations to NCD holders on time, which signals financial discipline and healthy cash flows. For equity shareholders it is a neutral event and should not materially move the share price.